Twenty Dollars Clause
While the amount mentioned in the amendment ($20) has not been indexed or adjusted for inflation, Congress has never extended federal diversity jurisdiction to amounts that small, and the amendment is one of the few portions of the Bill of Rights never to have been incorporated by the Supreme Court of the United States. Under the current Federal Rules of Civil Procedure (28 U.S.C. ยง1332), the amount in dispute in diversity cases must exceed $75,000 USD in order for the case to be heard in federal court.
Read more about this topic: Seventh Amendment To The United States Constitution
Famous quotes containing the words twenty, dollars and/or clause:
“The War was decided in the first twenty days of fighting, and all that happened afterwards consisted in battles which, however formidable and devastating, were but desperate and vain appeals against the decision of Fate.”
—Winston Churchill (1874–1965)
“So there he is at last. Man on the moon. The poor magnificent bungler! He can’t even get to the office without undergoing the agonies of the damned, but give him a little metal, a few chemicals, some wire and twenty or thirty billion dollars and, vroom! there he is, up on a rock a quarter of a million miles up in the sky.”
—Russell Baker (b. 1925)
“Long ago I added to the true old adage of “What is everybody’s business is nobody’s business,” another clause which, I think, more than any other principle has served to influence my actions in life. That is, What is nobody’s business is my business.”
—Clara Barton (1821–1912)